With the ability to hold dual currency in the same account, you have option of holding both U.S. and Canadian dollars in most registered and non-registered accounts . This means that when you are trading U.S.-based securities, you have the option to settle in U.S. dollars to avoid the cost and inconvenience of foreign exchange from and to Canadian dollars.
The Dual Currency in RBC Direct Investing account functionality gives you the convenience of managing the Canadian and U.S. side of your registered and non-registered accounts within single, integrated accounts. This capability also gives you the flexibility and control to decide when and if you convert your U.S. dollars back to Canadian dollars.
Enjoy low trade commissions starting from as low as $6.95 to $9.95 flat!(1)
1) Terms and conditions apply. $6.95 flat Canadian or U.S. equity trade when you trade 150 or more times per quarter. $9.95 flat Canadian or U.S. equity trade with $50,000 or more in household assets held in RBC Direct Investing account(s) or when you trade 30 to 149 times per quarter. This pricing only applies to trades placed through an available Automated Service, including the online investing site. Visit www.rbcdirectinvesting.com/lowtrades for complete terms and conditions.
2) Household asset accounts are defined as RBC Direct Investing accounts for clients living in the same household, with the same address. You must advise RBC Direct Investing of these multiple account relationships.